Gap Inc faces identity crisis amid sale speculation
Gap Inc battles dwindling sales across Old Navy Banana Republic and its namesake stores. Analysts call for a bold stand as speculation grows that Goldman Sachs is exploring strategic alternatives possibly yielding up to 20 billion for shareholders.
MENTIONED IN THIS ARTICLE
Gap Inc
Old Navy
Target
H&m
Banana Republic
Gap
Mark Montagna
CL King & Associates
CNBC
Goldman Sachs
Greg Rossiter
Ohio Tops Foreclosure Rates Amid Sluggish Jobs, High Costs
The Associated Press reports Ohio again leads the nation in home foreclosures reflecting a lag in job growth and rising costs. Foreclosure filings rose in 2006’s third quarter and 7 percent of loans were delinquent, while experts cite predatory lending and high interest rates as key pressures.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Zach Schiller
Policy Matters Ohio
Mortgage Bankers Association
Michigan
Rhode Island
American Bankers Association
Mike Fratantoni
Richard DeKaser
National City Bank
Trade deficit falls for third straight month in 2006
The Commerce Department reports November deficit down 1 percent to 58.2 billion, lowest since July 2005, with exports at a record high. Deficit with China declines 5.9 percent to 22.9 billion for November, but 2006 year to date tops 213.5 billion, an all time high. Bush administration says markets opening benefits, while critics warn about currency manipulation and higher 2006 deficits.
MENTIONED IN THIS ARTICLE
Washington
U.S
China
Charles Schumer
D-N.y
Joint Economic Committee
Dow Industrials
Dow Utities
Dow Transportation
Amex
NYSE
Sap
Russell
Wilshire
Kwo.ag
Endeavor
ClavBiol
Nee Hls Nath Tre
Valdat
Innodata
Sands
Medecis
CooperCo
Empires
Imentech
PramEx
Moss
Oxfordinds
ARG Zions
Borragng
iSynnex
Quinenco
Medisfoch
Chiquita
Rasert Nya
AG AP le
Ba Materialsci
BoltTech
Fuweif
SprintNax
Motorola
Ishemmkt
Intel
Microsoft
At&t Inc
ExxonMb
Yahoo
Lesco
Alcoa NY
Lovel
Ad Alte
We United
Green NY
Lowes
Marvell Tair
Motorola NY Ao
BostonScl
Wa GanocPhil NY
Nvidia
Nasd
Oracle Nas
ParkHan
Dell Ines
Pannwy
Giebold Ny
Egg Agmen
Ballin NY
Bretly AY
Tm Ag Horst NY Et
SunMicro Nash
Honwillail NY
Wart NY
WalMart NY
Treasuries
Canada
al Athers
Ee Ee
Smins
ICAA
SABE
FNTA
Idarity Invest
Conta
recanrcWen i GY
HIC
KQRIC
PIMCO
Magelln G
Vanguard Admiral
Socadm! SP
Fidelity Invest
Divinite
Vanguard
Pera
Fiderty Invest
BIA P
Fidelty
Eq Ine Sa
FrarkiTeme
Afocoma
Hoqa Itebia
Ps&p
2006 Stock Run Fueled by Consumers and Earnings
Consumers boosted discretionary spending on jewelry cable TV movie tickets clothing electronics and dining while a weak housing market persisted. The S&P 500 rose 13.62 percent for 2006 aided by lower oil prices stable rates and strong corporate earnings with optimism feeding further gains despite the housing slump.
MENTIONED IN THIS ARTICLE
America
Howard Silverblatt
Standard & Poor
Cisco Sues Apple Over iPhone Name Dispute
Cisco Systems filed a federal suit in San Francisco claiming Apple’s new iPhone infringes its trademark. Cisco has held the Phone mark since 2000 and previously released an Internet Phone called IPhone via its Linksys unit.
MENTIONED IN THIS ARTICLE
Cisco
Apple
iPhone
San Francisco
Cisco Systems
Apple Inc
Steve Jobs
Jobs
Silicon Valley
San Jose
Also Mentioned on This Page
Audrey Hepburn
Cynthia Harriss
New York City
Roland Mouret
Paul S. Pressler
The
Associated Press
Chronicle
Columbia Township
Ment
Bush Administration
Commerce
Carlos Gutierrez
Kathleen Day
Washington Post
Buckeye Bank
Bu Community Bank
Sheffield Center
Lorain
Ura
Dow Jones Industrials
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